0 sats \ 1 reply \ @anon 17 Apr \ parent \ on: LRC-20 - a new approach to tokenization on Lightning lightning
TLDR: only morons and losers are advocating for use of stablecoins. @remindme 1 year I find stablecoins useful as a transition phase to hyperbitcoinisation. I dgaf about Bitcoin's swings, but if I earned 5$ per day and lived on that (some people do), a 30% reduction of my remaining balance would mean a lot to me, could be a life-changing movement. Of course, so is a 30% increase. A censorship-resistant, free to use stablecoin with cheap transfer fees could prove very useful to poor people.
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100 sats \ 0 replies \ @DarthCoin 17 Apr
I find stablecoins useful as a transition phase to hyperbitcoinisation.
That is a bullshit myth. Meanwhile you are using stablecoins you will NEVER EVER be sovereign and will never have hyperbitcoinization. Is like saying "oh I want total freedom, but I still go to vote politicians... and pay taxes" an oxymoronic thing.
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